A highly visible development site in the heart of Takanini in South Auckland is being offered to the market for sale and gives buyers the opportunity to acquire a landholding that suits commercial and residential development.
Located at 66 Kauri Heart Avenue, the freehold site spans 4,250sq m and has over 130m of road frontage with easy access.
The site has mixed zoning with approximately 3,600sq m zoned Business – Local Centre Zone.
This designation primarily provides for the local convenience needs of surrounding residential areas, including local retail, commercial services, offices, food and beverage, and appropriately scaled supermarkets.
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The balance of the site is zoned Residential – Mixed Housing Suburban Zone under the Auckland Unitary Plan.
This is the most widespread residential zone covering many established suburbs and some greenfields areas. The zone enables intensification, while retaining a suburban built character.
The zonings provide a 16m height limit for the Local Centre portion of the site, while Mixed Housing – Suburban Zone land has a limit of 11m.
The site is surrounded by an extensive amount of residential development in an area of Auckland that is growing rapidly with ongoing commercial infrastructure supporting the expanding population.
Takanini is approximately 28km from Auckland’s CBD and around 17km from the airport. The area is well served by amenities at the Southgate Shopping Centre, while land that has been consented for a supermarket is across the road.
Colliers Directors Shoneet Chand, Matt Prentice, and James Appleby have been exclusively appointed to market the property for sale via deadline private treaty closing at 4pm on Wednesday 27 August, unless sold prior.
Chand, Director of Investment Sales at Colliers, says developers or landbankers will have an interest in this site given it provides the new owner with the opportunity to acquire a property that could be utilised for a range of different purposes.
“Given the mixed zoning of the property, a developer could take it in a range of ways with a blend of commercial services and residential housing that could capitalise on the growing population of the surrounding area,” Chand says.
“A landbanker may look to purchase the site and stash it in their portfolio of holdings before deciding on its future usage down the line.
“There is a motivated vendor and this site must be sold so we encourage prospective purchasers to present all offers.”
Prentice, Director of Sales and Leasing at Colliers, say the site’s access to surrounding transport links will provide convenience for future residents.
“The Takanini train station is within walking distance and the subject site is just minutes from on-ramps to State Highway 1. Key routes such as Great South Road and Porchester Road also provide strong connectivity across the wider Auckland region,” Prentice says.
“There are bus routes that service the suburb, offering residents another mode of transport.”
Appleby, Director of Site Sales at Colliers, says Takanini is an area that has undergone significant growth in recent years.
“As highlighted by the recent Census, the population of Takanini grew by 33 per cent between 2018 and 2023 as people have been drawn to the area due to its accessible housing and growing number of commercial services,” Appleby says.
“This site is one that warrants serious consideration among buyers looking for a development opportunity.”
- Supplied by Colliers
